My friend took $300,000 from 6 banks, wired all of it into Bitcoin, and stopped paying the day after it cleared
That was 2 years ago
He still has the Bitcoin. His credit's already back to 720. The banks got nothing
"that's illegal"
No. It's just fucked up. And it worked
Here's exactly what he did. Stacked $300K across Chase, Amex, US Bank, Wells, BofA, and Capital One in 0% business cards. Took about 3 weeks, bureau-sequenced so they couldn't see each other
Liquidated all of it to cash. Trykashu, 6.5%, about $19,500 to convert. Then he bought Bitcoin and sent every coin to a hardware wallet. His keys. Off the exchange. Untouchable
Then he just... stopped paying
The cards called. The letters came. He ignored all of it. After 180 days the banks wrote the debt off, took their tax deduction, and sold the balances to collectors for 3 cents on the dollar
Then he ran the deletion play. Validation disputes on every account, froze the secondary bureaus so nothing could verify, and the collections fell off. Score crawled from the 500s back to 720 in under a year using authorized user tradelines
Read that again. $300K in Bitcoin still in his wallet. Credit score recovered. Total interest paid: $0. Total principal paid: $0
"isn't that stealing"
Is it? The banks typed that money into existence through fractional reserve lending. They wrote it off, deducted it, hedged it. They priced in a percentage of people doing exactly this before they ever approved him. He's the line item they already budgeted for
I'm not saying it's ethical. I'm saying it happened, the Bitcoin is up, and the banks are arguing with a deletion letter. Is this financial advice? Absolutely not. I'm not your dad
He took fictional money and turned it into the hardest asset on earth lmfaooo
dm me "funding" and i'll show you how you can qualify for up to 250k in 0% APR funding (if you have a 700+)
Internet just be talking ain’t no one way to get rich I done seen the disciplined and undisciplined get rich. I done seen a dumb niga get rich and a smart nigga.
You are comparing your behind-the-scenes to someone else's highlight reel. Nobody posts their hardest moments. The wins, the smiles, the photoshopped photos, that is the version you are scrolling against.
Stop using that as a measuring stick.
Every other person on earth has shortcomings, makes mistakes, has things to work on. Run your race. Mind your own business. Less judgment, more accountability leads to more happiness
WithAI (@withai_inc) is building a command center where institutional investors collaborate with AI on stock research, portfolio oversight, and everything else.
Congrats on the launch, @imjmcinnis & @btsfinch!
https://t.co/J4neUo7K3V